Paras Defence shares in spotlight on incorporating semiconductor subsidiary; all you need to know

“In continuation to our intimation dated January 19, 2026 and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we are pleased to inform that a subsidiary company of Paras Defence and Space Technologies Limited (PARAS) in the name of “Paras Semiconductors Private Limited” (Subsidiary) has been incorporated on February 27, 2026,” a regulatory filing dated Friday read.

The subsidiary was incorporated in India to set up state-of-the-art, advanced heterogeneous packaging and 3D packaging OSAT (Outsourced Semiconductor Assembly and Testing).

It will focus on artificial intelligence (AI), high-performance computing (HPC), networking, and data center applications, the defence company noted.

Paras Defence holds a 70% equity share in its newly incorporated subsidiary, with 100% of the initial subscription to the share capital being made in cash.

The Mumbai-based firm subscribed to 70,000 equity shares of ₹10 each, aggregating to ₹7 lakh, it added.

In a separate regulatory filing dated February 20, Paras Defence stated that it has incorporated another subsidiary by the name of Paras Avionics Pvt Ltd.

The aerospace and defence subsidiary, as per the statement, will be engaged in systems and solutions for Avionic applications, manufacturing, testing, repair, and overhauling systems for defence and aerospace platforms.

Paras Defence holds a 60% stake in Paras Avionics Pvt Ltd, having subscribed to 6,000 equity shares of ₹ 10 each, aggregating to ₹60,000.

It made 100% of the initial subscription to the share capital in cash, the company added.

Paras Defence Q3 results

The company reported a 21.3% year-on-year (YoY) increase in its net profit to ₹18.2 crore in the third quarter of the 2025-26 financial year (Q3FY26), compared to ₹15 crore in the year-ago period.

Its revenue from operations advanced 24% YoY to ₹106.4 crore for the quarter under review, as against ₹85.8 crore in the December quarter of FY25.

Shares of Paras Defence and Space Technologies closed 0.12% higher at ₹637.80 per unit on the National Stock Exchange (NSE) on Friday. However, the development was announced after the market closed.